[vimeo id=”26483800″ width=”601″ height=”338″] Why it matters To get a grasp of the impact of the upcoming Financial Assessment guidelines for reverse mortgage borrowers we must begin asking (if we’re not already) some simple questions. Do you know your borrower’s income, debt payments and assets? Learn why this is imperative
[vimeo id=”26480015″ width=”601″ height=”338″] Ugly Politics: If debt limit agreement is not reached FHA could be part of government shutdown Yes. It’s come down to politicians in Washington threatening that seniors social security checks may stop if the debt-limit or ceiling is not raised by congress. Nice. But closer to
[vimeo id=”26137514″ width=”601″ height=”338″] Extended pain? It’s much like tearing a band-aid off a wound. Do it slowly and it hurts much longer. Do it quickly and it hurts bad but the event is over quickly. It appears that banks while foreclosing are holding off on putting them back on
[vimeo id=”25578954″ width=”601″ height=”338″] It’s nothing to gloat about. Quite frankly it came as a shock when Wells Fargo promptly exited stage right from the reverse mortgage business, especially for their employees. Two major banks departing is not a sign that the proverbial ship is sinking, nor are the remaining
[vimeo id=”25564479″ width=”601″ height=”338″] How the check engine light comes on in the Reverse Mortgage Industry with things like Reverse Mortgage Industry warnings and HUD counseling protocols.